Liquity's Earn product

DeFi's answer to the reliance on U.S. T-Bills.

T-Bills are considered the backbone of global finance, offering a risk-free rate backed by the U.S. government.

DeFi lacks an on-chain asset that mirrors the stability and security of T-Bills.

Challenges with Existing DeFi Solutions

Tokenized Treasuries provide exposure to T-Bills, but introduce counterparty risks and tie users to TradFi.

Stablecoins are often backed by treasuries but do not pass on yields to holders, leaving them with uncompensated counterparty risk.

DeFi Money Markets: Feature volatile, unpredictable floating rates, complicating long-term financial planning.

The Need for a Pristine Yield Source

There's a clear need for a product in DeFi that offers:

- Stability and security comparable to Ethereum itself.

- Minimal counterparty risk.

- Full custody over funds.

- Sustainable yield.

Introducing Earn

By depositing $BOLD, users can achieve a level of financial security and predictability previously unattainable in DeFi.

Designed to be DeFi's equivalent of T-Bills, Earn aims to provide:

- A stable and secure on-chain asset.

- Enhanced user control over funds.

- Minimized counterparty risks.

- Sustainable yields.